Why Netflix, Inc. (NFLX) Might Get Into A Pricing War With Disney

Both shows will be exclusive to the new streaming service Disney is preparing to launch, putting them in competition with Netflix, Hulu, Amazon, and others.

Price: Bob said that the service will cost significantly less than Netflix as it will have less content. Disney lowered the price of their DisneyLife service to 4.99 pound sterling.

Iger said in the call that Disney's platform would be "substantially cheaper" than Netflix, which now charges $10.99 / £5.99 a month for its basic package.

According to Iger, the service will offer sports fans far more than they now get through any other app, website, or channel.

Walt Disney Company chairman and CEO Bob Iger has confirmed that Disney's now unnamed streaming service, set to launch in 2019, will feature a new live-action TV series set in the Star Wars universe. With an ambitious plan to bring loads of new content to the small screen - including a newly announced live-action Star Wars TV series - the Mouse House is pushing hard into the TV streaming space. Star Wars, Marvel, and Pixar will be front and center in Disney's own streaming service, due out that year. Iger's newsy bombshells late Thursday sent slumping shares reversing higher, despite the media conglomerate's unexpected profit and revenue declines that initially hit the stock. It would make sense that we would get more details at those times.

"When you go in then you see Marvel and Star Wars and Pixar, for instance". The new series that was announced today is unlikely to be based on the abandoned Underworld project.

The new service, which does not yet have a name, will launch in the second half of 2019.

The Wall Street Journal recently reported that Disney would develop a series for their own services to stand against other streaming services.

Where will it be available?

Netflix ended the September quarter with 109.25 million streaming subscribers worldwide, including 52.77 million in the USA and 56.48 million in global markets. The basic plan of Netflix is $7.99, but if you want HD it costs $10.99.

That may explain Disney's interest in acquiring large parts of 21st Century Fox Inc., including its film studio, some cable channels and stake in consumer TV services such as Sky Plc and Hulu LLC.

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